Clear skies over the Kalahari Copper Belt in #Botswana reveal Sandfire Resources #sfr busy exploring the copper rich A1 Dome just 20km NE of Motheo Mine. A further seven holes are planned to be completed in the March 2024 Quarter to primarily test additional near-surface potential and an identified SW extension. Strata #srt (formerly Metal Tiger, who held a JV with Mod Resources which made the initial Copper discovery that became Motheo) hold a 2% net smelter royalty over A1 and will be pleased to see a hopefully significant Maiden Resource due to be released in the September Quarter. (sat images courtesy of Sentinel Hub) Of note that global copper demand is set to soar against a faltering supply. New copper mines are critical for the shift to net zero.
#sfr#srt#copper#exploration#kalahari#copperbelt#botswana#renewables#royaltiesMichael D McNeillyBrendan Harris
Founder of WhyAfrica and Endorphin Expeditions. Specialist in the sustainable use of natural resources in Africa. Editor of the WhyAfrica magazine. I research, analyse and share information about Africa.
Clear skies over the Kalahari Copper Belt in #Botswana reveal Sandfire Resources #sfr busy exploring the copper rich A1 Dome just 20km NE of Motheo Mine. A further seven holes are planned to be completed in the March 2024 Quarter to primarily test additional near-surface potential and an identified SW extension. Strata #srt (formerly Metal Tiger, who held a JV with Mod Resources which made the initial Copper discovery that became Motheo) hold a 2% net smelter royalty over A1 and will be pleased to see a hopefully significant Maiden Resource due to be released in the September Quarter. (sat images courtesy of Sentinel Hub) Of note that global copper demand is set to soar against a faltering supply. New copper mines are critical for the shift to net zero.
#sfr#srt#copper #
Clear skies over the Kalahari Copper Belt in #Botswana reveal Sandfire Resources #sfr busy exploring the copper rich A1 Dome just 20km NE of Motheo Mine. A further seven holes are planned to be completed in the March 2024 Quarter to primarily test additional near-surface potential and an identified SW extension. Strata #srt (formerly Metal Tiger, who held a JV with Mod Resources which made the initial Copper discovery that became Motheo) hold a 2% net smelter royalty over A1 and will be pleased to see a hopefully significant Maiden Resource due to be released in the September Quarter. (sat images courtesy of Sentinel Hub) Of note that global copper demand is set to soar against a faltering supply. New copper mines are critical for the shift to net zero.
#sfr#srt#copper#exploration#kalahari#copperbelt#botswana#renewables#royaltiesMichael D McNeillyBrendan Harris
Xanadu Mines Ltd#exploration team recently encountered high-grade shallow mineralisation warranting near term follow-up, at the 100% owned Red Mountain #copper#gold project.
A highlight of the discovery-focused program was maiden #drilling (comprising three diamond drill holes) at Nowie, which uncovered intervals of high-grade copper sulphide lode mineralisation:
• 8m @ 1% Cu, 0.12g/t Au from 267m (OUDDH134)
• 14m @ 0.75% Cu, 0.26g/t Au from 113m (OUDDH136)
Interestingly, OUDDH134 also encountered a much broader interval of outcropping copper-gold porphyry stockwork mineralisation:
• 120m @ 0.14%, 0.12g/t Au from 1m,
• including 45m @ 0.27% Cu, 0.15g/t Au from 139m
Encouragingly, these results demonstrate both the grade and scale opportunities that lie ahead for Nowie.
Learn more: https://loom.ly/A18ZfL8#XAM#XanaduMines#TSX#ASX#Mongolia
via Bulls N' BearsXanadu Mines Ltd has revealed a significant increase in the mineral resource estimate for its flagship Kharmagtai #copper-gold project in Mongolia, reporting a 463,000-tonne increase in contained copper and a 746,000-ounce rise in contained #gold.
#XAM says the boost has been driven by both the results of new #drilling at its White Hill deposit and a refined pit design generated as part of its current prefeasibility studies. As the operator of the Kharmagtai project in the South Gobi region, Xanadu enlisted Spiers Geological Consultants (SGC) to update the resource estimate and its work has led to an increase in its contained copper by 14 per cent and gold by nine per cent – bringing the operation’s total to 3.8 million tonnes of copper and 9.3 million ounces of gold.
Read more: https://loom.ly/TADUlWg#XanaduMines#ASX
Two diamond holes were completed at Latitude 66 Limited’s K9 prospect, within the Kuusamo Schist Belt Project in Finland, for 236m with the first hole (L66K9DD010) intersecting significant widths of mineralisation including 22.4m @ 2.4g/t Au, 0.07% Co and 0.16% Cu from 44m.
Within this broad intersection, multiple higher-grade intervals were returned including 9.5m @ 3.7g/t Au, 0.09 % Co & 0.24% Cu from 51m and 4.3m @ 3.2g/t Au and 0.09% Co from 44m.
Learn more: https://loom.ly/0hnanFA#LAT#Latitude66#Gold#CriticalMinerals#ASX
Metals One plc has announced its a maiden JORC report for its Black Schist Project, more than doubling its previous resource estimate.
Jonathan Owen, CEO, explains the significance of the report here ▶️ https://lnkd.in/eT32pmZa
Metals One (AIM: MET1), has announced its a maiden JORC Inferred Mineral Resource for the P5 area of the Finland - Black Schist Project, which now estimates the total Black Schist Project resource of 57.1Mt, more than double the previous estimate.
Highlights of the P5 resource at Black Schist include 29 Mt at 0.18% nickel, 0.08% copper, 0.01% cobalt, and 0.33% zinc bringing 52kt of nickel, 24kt of copper, 3.5kt of cobalt, 96kt of zinc.
Jonathan Owen, CEO of Metals One, says “this is hugely significant particularly as it's been achieved within a year of listing on AIM. It's a milestone for the company in the sense that this now underpins our move through the stage gates towards development and production.”
In this interview investors will learn:
- Why being adjacent to one of Europe’s largest strategic minerals producers, Terrafame, is key
- How the increased resource base will underpin a Preliminary Economic Assessment of the project
- How the company’s current cash resources will fund the business through to the Preliminary Economic Assessment
- What the Company has planned for the Bluejay Mining shareholding in MET1
- When the Preliminary Economic Assessment is scheduled to be released
Reasons to put Metals One on your watchlist:
- Well placed to meet the significant demand for strategic minerals on the doorstep of Europe’s major electric vehicle OEMs and battery manufacturers
- Black Schist is 100% owned by Metals One
- The orientation and proximity to surface lends the asset to low-cost surface mining
- Black Schist is adjacent to major road and rail infrastructure
- The addition of the P5 resource to the project portfolio brings the total value of in-situ metals to $3.0bn
- Further Resource expansion opportunities
Jonathan Owen, CEO of Metals One, was interviewed by Sarah Lowther for focusIR
#MetalsOne#MET1#Cobalt#Nickel#Lithium#Copper#EV#MET1#renewable#energy#batterymetals#StrategicMaterials#Finland#InvestingSI Capital LtdShard CapitalBeaumont Cornish LimitedVigo Consulting
𝐊𝐂𝐁 𝐃𝐑𝐈𝐋𝐋𝐈𝐍𝐆
KAV is drilling at Karakubis to prove the presence of a copper mineralising system.
We’re doing this by targeting various potential trap sites within “fold” structures relatively close to the surface, like the one in the picture below.
These features are associated with large, mineral deposits across the KCB.
Our goal is to identify copper, as well as pathfinder minerals associated with copper, in our interpreted trap sites.
This would provide evidence that fluids containing copper were “trapped” in these areas, possibly leading to the accumulation of deposits over very long periods of time.
#KAV#Kavango#KCB#Copper
Mechanical trenching of high-grade gold at Tchaga North will help formulate a drill plan at Mako Gold’s Napié project in Côte d’Ivoire, while the hunt is on for partners to help explore Korhogo and its manganese prospectivity.
Mako Gold#ASX $MKG
Mining Engineering Student at Montana Tech
8moVery interesting - hadn't thought of tracking mining companies this way. How long did it take you to get those images together?